Chatham, ON N7M1C7,85-89 KING Street W
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$ 750,000
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85-89 KING Street W Chatham, ON N7M1C7

7,000 SqFt


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Key Details

Property Type Commercial

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 7,000 sqft

Price per Sqft $107

Subdivision Ne

MLS® Listing ID 40743658

Property Sub-Type Freehold

Source Cornerstone - Waterloo Region

Property Description

An exciting investment and redevelopment opportunity in the heart of downtown Chatham! This solid, three-storey commercial building features two main-floor retail units with potential to reconfigure for a third storefront—ideal for maximizing rental income and street presence. The two upper floors offer generous square footage and are currently vacant, presenting a blank canvas for residential conversion for 6-8 units. With demand for downtown living on the rise, this property is perfectly positioned for apartment development or mixed-use expansion. Gross rent is $4380.00 for two commercial units. (id:24570)

Location

State ON

Rooms

Kitchen 0.0

Exterior

Parking Features No

View Y/N No

Private Pool No

Building

Story 3

Sewer Municipal sewage system

Others

Ownership Freehold


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Listed by Vancor Realty Inc.
agent

Max Ortoli

+1(416) 398-1111

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85-89 KING Street W